Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 27 JANUARY 2016

Regulatory Changes And Business Opportunity In 2016

TMF Group BV
Explore more from TMF Group BV

Over the past 12 months, Japan has implemented two major regulatory changes that are likely to impact business in 2016: the Residency requirement for company representatives and the My Number law.

JapanCorporate/Commercial Law
Junichi Kato
Junichi Kato
Author LinkedIn connections

Over the past 12 months, Japan has implemented two major regulatory changes that are likely to impact business in 2016: the Residency requirement for company representatives and the My Number law.

Dr. Junichi Kato, Managing Director of TMF Japan, outlines recent regulatory changes – the impact and business opportunity that every company operating in Japan should know.

Residency requirement for company's representative

To establish a legal entity in Japan, one of the requirements was that at least one director resided in the country. This residency requirement was abolished from 16 March 2015, for the most popular legal forms: K.K. (= Inc.) and GK (= LLC). The change is aimed at boosting foreign investment, making it easier for overseas companies to legally bind the subsidiary.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Japan’s New Triangular Merger Rules – Acquisition of Japanese Companies Through Share Exchanges

Effective May 1, 2007, Japan’s new Company Law rules will allow foreign companies to use their shares in acquiring Japanese companies. While the new law and related regulatory changes are intended to facilitate cross-border M&A activity, non-Japanese acquirers interested in using triangular mergers will need to consider various business, tax and other legal issues when planning to pursue this type of transaction.
JapanCorporate/Commercial Law
Pillsbury Winthrop Shaw Pittman
Pillsbury Winthrop Shaw Pittman